Homeowner’s Insurance Premiums are Surging in These Five States

Shannon Hicks
American homeowners, especially older ones, are being crushed by record increases in homeowners insurance premiums. Money.com reports these five states saw the largest increase in premiums from May 2021 to May 2023. Florida: 68% ($1,127 to $1,896) New Mexico: 47% ($855 to $1,255) Colorado: 46% ($1,390 to $2,031) Idaho: 46%

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